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FPSO Asset Leasing

FPSO Asset Leasing

A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive hydrocarbons produced by itself or from nearby platforms or subsea template, process them, and store oil until it can be offloaded onto a tanker or, less frequently, transported through a pipeline.
Currently, there are approximately 180 FPSOs and 100 FSOs in operation worldwide

Petroleum Concepts Limited and its partners’ FPSO leasing enables clients to focus more on their core competencies of reservoir development and management.
We offer a solution which is notable when comes to economical viability to extreme marginal field, mature and late life field where lesser service life is required. The similar innovation also applies to new built or longer service life RLEC FPSO which results in cost effectiveness, fast track and fit for purpose.

Petroleum Concepts Limited is a multi-disciplinary company formed with a passion for technical and operational excellence in the marine and oil & gas industry business.
The main thrust is to deliver world class engineering & business process management – with professionalism and commitment.